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Office Medical

3383 NW 7th

3383 NW 7th St, Miami, FL 33125

Listing Price: $5,500,000

Cap Rate
5.59%
Rentable SF
22,609
Occupancy
90.7%
Year Built
1971
Lot Size
0.64 acres

Investment Overview

Marcus & Millichap is proud to present 3383 NW 7th Street, a three-story office building in the heart of Miami (Little Havana), Florida. The building consists of 22,609 rentable square feet of office space. The property is located directly on NW 7th Street, one of the area’s primary east-west commercial corridors, which provides high traffic counts of over 34,000 vehicles per day (VPD). This location provides easy access to the Miami International Airport (MIA), Dolphin Expressway (SR-836), and Interstate 95 (I-95). It’s also just minutes from the Brickell Financial District, Downtown Miami, and the Health District. 3383 NW 7th Street has been exceptionally maintained and provides professional curb appeal, ample parking, and high visibility signage opportunities. Current ownership has made significant capital improvements over the last few years including new hurricane proof windows, new roof and new air conditioners. Also, the common areas have been completely remodeled offering attractive and modern functional office space. The building is currently occupied by a mix of primarily medical tenants including a medical center, an adult daycare, and diagnostic center among others. The interior has a combination of private offices and open floor space allowing for a range of uses and easy reconfiguration. This asset is extremely easy to manage and there is typically a long list of tenants looking to occupy this property given the location, convenience, and overall condition of the property. The limited amount of available supply combined with the strategic location of this property make it a great opportunity for long term growth and appreciation.

Investment Highlights

  • Exclusive Little Havana Medical Office
  • Close Proximity to Brickell, Downtown Miami, and Miami International Airport
  • Below Market Rates with Owner User Opportunity
  • Ample Parking on Site

Exclusively Listed By

Listing Price: $5,500,000

Cap Rate
5.59%
Rentable SF
22,609
Occupancy
90.7%
Year Built
1971
Lot Size
0.64 acres

Investment Highlights

  • Exclusive Little Havana Medical Office
  • Close Proximity to Brickell, Downtown Miami, and Miami International Airport
  • Below Market Rates with Owner User Opportunity
  • Ample Parking on Site

Investment Overview

Marcus & Millichap is proud to present 3383 NW 7th Street, a three-story office building in the heart of Miami (Little Havana), Florida. The building consists of 22,609 rentable square feet of office space. The property is located directly on NW 7th Street, one of the area’s primary east-west commercial corridors, which provides high traffic counts of over 34,000 vehicles per day (VPD). This location provides easy access to the Miami International Airport (MIA), Dolphin Expressway (SR-836), and Interstate 95 (I-95). It’s also just minutes from the Brickell Financial District, Downtown Miami, and the Health District. 3383 NW 7th Street has been exceptionally maintained and provides professional curb appeal, ample parking, and high visibility signage opportunities. Current ownership has made significant capital improvements over the last few years including new hurricane proof windows, new roof and new air conditioners. Also, the common areas have been completely remodeled offering attractive and modern functional office space. The building is currently occupied by a mix of primarily medical tenants including a medical center, an adult daycare, and diagnostic center among others. The interior has a combination of private offices and open floor space allowing for a range of uses and easy reconfiguration. This asset is extremely easy to manage and there is typically a long list of tenants looking to occupy this property given the location, convenience, and overall condition of the property. The limited amount of available supply combined with the strategic location of this property make it a great opportunity for long term growth and appreciation.

Exclusively Listed By

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